Aria Systems completed its inaugural global conference on recurring revenue, Monetize2015, and amassed seven tips it believes are key to moving from basic billing into monetization.
First, Aria Systems suggests successful programs place emphasis on customer lifetime value, working to cultivate long-term relationships.
Encouraging retention is important, and Aria offers focusing on long-term retention and upsell and customizing the dunning experience.
Furthermore, according to Aria, evaluation of different monetization models, implementation of rapid iteration, offering usage-based models and accelerated time-to-market are also keys to maximizing success.
Those interested in more information can read Aria Systems’ “No BS Guide to Recurring Revenue Success,” available here .
